Lowe's has 'a big window of opportunity' after shutting down its underperforming stores, UBS says (LOW)
Lowe's on Tuesday reported third-quarter earnings that beat on both the top and bottom lines but saw comparable sales miss Wall Street's estimates.
Lowe's also said it will exit Mexico retail business and some non-core US businesses, following previous announcements to shut down Orchard Supply Hardware operations and close 51 underperforming stores in the US and Canada.
The closure schedule will boost same-store sales of surviving Lowe's locations that are close to storefro
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